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Cadence Makes Multimillion Dollar In-Kind Donation to HEEAP to Support Engineering Education in Vietnam

Strategic Insights

— 1 min read

Cadence Design Systems, Inc. has joined the Higher Engineering Education Alliance Program (HEEAP) with an in-kind donation of electronic design automation (EDA) software and services valued at over USD $40 million. This donation will enable students in Vietnam to gain hands-on experience with cutting-edge software and services used in the global electronics industry. The program aims to advance electrical and mechanical engineering curricula and support Vietnam's growing high-tech industry. Cadence believes that innovation begins in education and is committed to preparing students with the tools and training they need to thrive in the competitive semiconductor and electronics marketplace.

Key Takeaways:

  • Cadence has made an in-kind donation of over USD $40 million to the Higher Engineering Education Alliance Program (HEEAP) to support engineering education in Vietnam.
  • The donation includes access to Cadence's proprietary software, hardware, design and verification IP, memory models, methodologies, and design services.
  • The program aims to advance electrical and mechanical engineering curricula and support Vietnam's growing high-tech industry.
  • Cadence has worked with academic institutions and government organizations around the globe for nearly 20 years to enable them to build and implement design engineering education programs.
  • The HEEAP initiative in Vietnam was initiated in 2010 with initial grants of USD $5 million funded from USAID, Intel, and ASU.
  • The partnership between Cadence and HEEAP will provide students with the technical expertise and competencies needed to succeed in a global economy.
  • The collaboration is focused on improving the quality of Vietnam's future engineers and technicians, and is an excellent example of industry and academic linkages.

Statistics:

  • USD $40 million: the value of Cadence's in-kind donation to HEEAP.
  • Over 20 years: Cadence has worked with academic institutions and government organizations around the globe to enable them to build and implement design engineering education programs.
  • USD $5 million: the initial grants funded from USAID, Intel, and ASU for the HEEAP initiative in Vietnam.
  • 2010: the year the HEEAP initiative in Vietnam was initiated.

Sources:

  • M2 PressWIRE - November 2, 2011 - Cadence Makes Multimillion Dollar In-kind Donation to HEEAP to Help Prepare Engineering Students in Vietnam;

Access to Cadence's cutting-edge software will advance technical training programs and curricula development.

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